Bitcoin hovered around $77,700 after a brief dip below $77,000, with data showing the recent drop was a leverage flush rather than a major market breakdown. Analysts highlight the $75,000 to $77,000 range as a crucial support zone, noting liquidations were balanced between longs and shorts. Rising U.S. Treasury yields and geopolitical tensions, especially U.S.-Iran relations affecting oil prices, are pressuring Bitcoin, likely keeping it range-bound unless these factors ease. The next market catalyst may come from geopolitical developments that could reduce inflation and yield pressures, allowing Bitcoin to rebound.
Bitcoin traded near $77,289, showing a mild pullback after a recent rebound, with spot volume declining to $26.4 billion, indicating cautious market sentiment. Despite stable neutral sentiment and rising on-chain activity, increasing Bitcoin inflows ...
Tokens linked to real-world assets (RWA) and stable-value tokens reached new all-time highs recently, even as major cryptocurrencies like Bitcoin and Ethereum remain significantly below their previous peak prices. This divergence highlights a fragmen...
Cryptocurrency markets display varied price changes, with Bitcoin trading around $77,509 and Ethereum near $2,128. Several altcoins such as NEAR and LIT have posted significant gains, with NEAR up over 14% and LIT rising more than 13%. These fluctuat...
The White House announced a plan to hold 5% of all Bitcoin as part of the U.S. strategic reserves, aiming to secure over 1 million BTC. This move signals increased government interest in Bitcoin and is seen as supportive of higher future prices, with...
Billionaire investor Mark Cuban has sold the majority of his Bitcoin holdings, expressing disappointment that Bitcoin has not served as a dependable store of value or macroeconomic hedge. Cuban noted that while gold surged, Bitcoin's price dropped, c...
